Franchises · 2026 FDD · Wisconsin DFI filing 640055
Pet Supplies Plus franchise cost, unit revenue and closures
Opening a Pet Supplies Plus cost $520,250 to $1,818,900 in the 2026 FDD; the median unit sold $2,487,454 in the franchisor's 2025 calendar year (January 1 to December 31) figures; 6.5% of franchised units closed over three years.
Franchisor: PSP Franchise Operations SPV, LLC. FDD issued 2026-04-20. Fiscal year end 2025-12-31. Figures re-found on the cited page 2026-11-04.
What a unit costs to open
single Store.
What a unit pays the franchisor
| Initial franchise fee | $49,900 | Item 5, p. 6 |
|---|---|---|
| Royalty | Royalty 2% of monthly Gross Sales for the first 12 months, then 3% | Item 6, p. 8 |
| Advertising fund | After the first 12 months, the lesser of 3.5% of Gross Sales or $8,333 a month, two thirds to Local Marketing Spend and one third to the National Advertising Fund; $3,350 plus $1,000 a month in the first year | Item 6, p. 9 |
first Store; $35,000 for an existing franchisee's later Stores; waived for an approved conversion.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
| Measure | Average Annual Gross Sales, calendar 2025, all Reporting Franchised Stores (Average of All Stores column) | |
|---|---|---|
| Sample | 385 units: 385 franchised Stores open before 2025 that operated the full year under one owner and reported; shown by years open (18 one-year, 37 two-year, 39 three-year, 291 four-plus); 57 non-reporting stores, 23 transfers, 6 reacquisitions and 8 closures excluded; gross margin, rent and labor percentages follow | |
| Period | 2025 calendar year (January 1 to December 31) | |
Revenue to investment
Formula: Item 19 median / Item 7 total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 429 | 485 | 502 |
| Opened | 60 | 28 | 18 |
| Terminated | 0 | 0 | 7 |
| Not renewed | 0 | 0 | 1 |
| Reacquired by franchisor | 0 | 3 | 6 |
| Ceased, other reasons | 4 | 8 | 8 |
| End of year | 485 | 502 | 498 |
| Company-owned, end of year | 234 | 233 | 231 |
Item 20, Table 1 p. 59; Table 3 totals p. 65.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
Source and method
Every figure above comes from the Pet Supplies Plus Franchise Disclosure Document issued 2026-04-20, as filed with the Wisconsin Department of Financial Institutions (filing 640055, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.